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Beware of Financial Scams Targeting Seniors

Post Date:04/05/2019 4:10 PM

Cyberattacks and financial scams are rampant and often target senior citizens. Below, you'll find tips that may help in defending yourself against these types of schemes:
  • Don't keep large amounts of cash on hand
  • Keep your checkbook and spare checks in a safe place
  • Don't withdraw money from your bank account just because someone tells you to
  • Don't agree to send money at the request of a telephone solicitor, including the IRS, police officers, and people who claim to be family members in trouble
  • Never give out personal details, such as your bank account number, Social Security number, or credit card number, to any person over the telephone
  • Don't be afraid to hang up on telemarketers and other unsolicited callers
  • Check your bank statement carefully each month for suspicious activity and, if you have a trusted adult child, consider asking your bank to send her or him a copy of the statement to review as well
  • Ask your bank to call you if any check over a certain amount is ever presented for payment
  • Buy a shredder and shred all documents with personal information listed
  • Purchase a mailbox with a lock on it to help prevent mail theft
  • Beware of family members, family friends, or caretakers who try to persuade you to sign deeds or assets over to them
  • Stay away from deals that sound "too good to be true"
  • Beware of deals that ask for a lot of money up front and promise sure success
If you have any questions or suspect that you have been victimized by a scam, please contact the Sausalito Police Department at (415) 289-4170.
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